Dell Could Be A Private Company As Soon As Monday

Michael Dell is on a mission to take his $23 billion PC company
private once again, and a deal could be struck as soon as
Monday.

The final details are being worked out,
Reuters reports, and everything is expected to be finalized
over the weekend. Dell, the company's founder and CEO, will use
up to $15 billion in debt financing to reclaim the company
from Barclays, Bank of
America Merrill Lynch, Credit Suisse and RBC
Capital. Silver Lake Partners and Microsoft would
become minority investors.

Dell is putting a lot on the
line to gain back majority ownership, including his 15.7%
stake and up to $1 billion of his personal funds. Making Dell
private would allow its executive team to take bigger risks while
attempting to save the company from a tanking PC
market.